"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Who Plans Best for Natural Disasters?
Submitted by Westernerd on Thu, 2012-09-06 03:00
"Private-sector firms are very good at mobilizing resources not only because they do it every day–and not just when a disaster rolls around–but also because they exist in an institutional environment in which prices, profits, and losses provide both the knowledge and incentives to do it well."
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